Samsung Electronics will invest $US2.5 billion in Vietnam, according to a report by South Korea’s news agency Yonhap.

The report cited unnamed sources who said the company was in talks with the Vietnamese government to expand its existing factory in Vietnam.

The investment would reportedly grow the factory’s assembly line for smartphone display panels, although a Samsung representative declined to comment on the investment or its worth.

Last year Samsung invested around $US4 billion in the Vietnamese facility.

Vietnam is one of the company’s major manufacturing sites.

– TiVi Tuan-san